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Home/Practice questions/Business Studies
Business StudiesNature and significance of Management

People with different backgrounds perform diverse tasks in an organis…

People with different backgrounds perform diverse tasks in an organisation to achieve common goal. What aims at guiding their efforts towards achieving a common goal?

Answer & explanation+

Correct answer: option 4

The correct answer is Option (4) → Management

  • Option (1) Planning — Incorrect. Planning is deciding in advance what is to be done. It is only one function of management.

  • Option (2) Controlling — Incorrect. Controlling is checking whether the work is going as planned. It is only one function of management.

  • Option (3) Coordination — Incorrect. Coordination joins the efforts of different departments. In this case, it is management that guides the efforts towards the common objective.

  • Option (4) Management — Correct. People in organisations perform diverse tasks, but they are all working towards the same goal. Management guides their efforts towards achieving a common objective.

NCERT (2026-27 Edition): “Concept Management is a very popular term and has been used extensively for all types of activities and mainly for taking charge of different activities in any enterprise. As you have seen from the above example and case study that management is an activity which is necessary wherever there is a group of people working in an organisation. People in organisations are performing diverse tasks but they are all working towards the same goal. Management aims at guiding their efforts towards achieving a common objective — a goal. …”

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